15004 Nordhoff Street
North Hills, CA 91343
MLS #17210128

Income
  • 15units
  • 14,790sq ft
$4,300,000
Est. P&I payment: $16423.09/mo
15004 Nordhoff Street, North Hills, CA 91343
  • 15004 Nordhoff Street, North Hills, CA 91343 Photo 1
  • 15004 Nordhoff Street, North Hills, CA 91343 Photo 2
  • 15004 Nordhoff Street, North Hills, CA 91343 Photo 3
  • 15004 Nordhoff Street, North Hills, CA 91343 Photo 4
  • 15004 Nordhoff Street, North Hills, CA 91343 Photo 5
  • 15004 Nordhoff Street, North Hills, CA 91343 Photo 6
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Description for 15004 Nordhoff Street, North Hills, CA 91343
The subject property is a 15 unit non-rent control apartment building located at 15004 Nordhoff Street in North Hills. The property was built in 1988 and is located east of Sepulveda Boulevard and west of Van Nuys Boulevard. The unit mix consists of six two-bedroom/two-bathroom units, eight two-bedroom/two-bathroom lofts and one three-bedroom/three-bathroom unit. There are 33 parking spaces. The building has gated intercom entry, on-site laundry facility, interior courtyard, gated parking and central air and heat. Per the Seller, approximately 80 percent of the units were remodeled. The remodeled units vary as to what extent they were improved. PLEASE DO NOT DISTURB THE TENANTS. THEY ARE NOT AWARE THAT THE PROPERTY IS FOR SALE. ALL SHOWINGS THROUGH THE LISTING AGENT.
MLS #17210128
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My Notes for MLS #17210128

General Features

  • Number Of Buildings: 1
  • Number Of Units Total: 15
  • Year Built: 1988
  • Zoning: LARD2
  • Improvements Amount: 1,795,680
  • Land Value: 706,494

Exterior Features

  • Stories Total: 2
  • Lot Size SqFt: 23,495
  • Lot Size Units: Square Feet
  • Parking YN: 1
  • Parking Features: Uncovered,​Other

Utility Features

  • Cooling YN: 1
  • Cooling: Central
  • Laundry YN: 1
  • Laundry Features: See Remarks

Financial Features

  • CapRate: 3.54
  • Net Operating Income: 152,101
  • Price Per SqFt: 290.74
  • Total Expenses: 116,043
  • Gross Multiplier: 15.75
  • Gross Operating Income: 268,144

Miscellaneous Features

  • Building Area Total: 14,790
  • Days On Market: 296
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 296

Location

 
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Directions to 15004 Nordhoff Street, North Hills, CA 91343
The property is located east of Sepulveda Boulevard and west of Van Nuys Boulevard.
Listing information for 15004 Nordhoff Street, North Hills, CA 91343 was graciously provided by our friends at the listing brokerage, Marcus & Millichap and by listing agent Hyman Earle DRE# 00803521

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P&I Payment $16423.09
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/17/2018 at 8:09pm
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